International Business Timeshttp://www.ibtimes.com
enGE May Fund Its Biggest Acquisition Ever With Overseas Profits Never Taxed In The US http://www.ibtimes.com/ge-may-fund-its-biggest-acquisition-ever-overseas-profits-never-taxed-us-1576056
General Electric Co. (NYSE:GE) is poised to make its biggest-ever acquisition, but the proposed deal is just as likely to draw brickbats from critics of American corporate tax policy as it is kudos from investors.http://www.ibtimes.com/ge-may-fund-its-biggest-acquisition-ever-overseas-profits-never-taxed-us-1576056Thu, 24 Apr 2014 17:10:10 -0400Fair Trade Gold Q&A – From South America to Toronto [INFOGRAPHIC]http://www.ibtimes.com/fair-trade-gold-qa-south-america-toronto-infographic-1575323
Canada’s Fair Trade Jewellery Company produced the above internal infographic in late 2013. It illustrates gold’s route from informal artisanal miners in South America to the company’s small North American clientele. http://www.ibtimes.com/fair-trade-gold-qa-south-america-toronto-infographic-1575323Wed, 23 Apr 2014 13:58:27 -0400Mt Gox May Rise Again If Wall Street Veterans And Burned Bitcoin Traders Get Their Wayhttp://www.ibtimes.com/mt-gox-may-rise-again-if-wall-street-veterans-burned-bitcoin-traders-get-their-way-1574092
Bitcoin faithful and some optimistic investors are hoping to prove that the obituary for Mt. Gox, the once high-flying bitcoin exchange, was written prematurely, and now they’re joining together to make an 11th-hour bid to pluck its remains from a Japanese bankruptcy court.
"This is about bitcoin and preserving the value of the bitcoin ecosystem," said John Betts, an investor and finance and tech adviser with Sunlot Holdings, the firm backing the plan.http://www.ibtimes.com/mt-gox-may-rise-again-if-wall-street-veterans-burned-bitcoin-traders-get-their-way-1574092Mon, 21 Apr 2014 08:09:05 -0400High-Speed Trader Virtu Calls Off IPO, For Nowhttp://www.ibtimes.com/high-speed-trader-virtu-calls-ipo-now-1573521
High-speed trading firms have been a hot topic of conversation since author Michael Lewis released "Flash Boys," his book that tracks the history of the companies that use technology to buy and sell stocks in milliseconds, at the end of March, and now at least one firm has decided to slow down.http://www.ibtimes.com/high-speed-trader-virtu-calls-ipo-now-1573521Fri, 18 Apr 2014 09:54:52 -0400European Companies Strike Out Against Tougher Russian Sanctionshttp://www.ibtimes.com/european-companies-strike-out-against-tougher-russian-sanctions-1573266
As Russian and Western diplomats gathered in Geneva on Thursday they focused on averting further bloodshed in the crisis sparked by Russia's annexation of Crimea and further menacing of Ukraine.
But lurking not far below the diplomatic veneer lay a strong grain of opposition from Europe's biggest energy, chemical and banking firms that are all pushing back forcefully against harsh, U.S.-favored sanctions on the Putin government and its cronies.http://www.ibtimes.com/european-companies-strike-out-against-tougher-russian-sanctions-1573266Thu, 17 Apr 2014 16:05:16 -0400Japan Sales Tax Hike Boosts Popularity Of Gold As Investors Rush To Beat Implementation Of Taxhttp://www.ibtimes.com/japan-sales-tax-hike-boosts-popularity-gold-investors-rush-beat-implementation-tax-1565183
Japanese shoppers have snapped up gold bars ahead of a controversial hike in the country’s sales tax, which takes effect Tuesday, a key part of Prime Minister Shinzo Abe’s economic “Abenomics” reforms.
Tokyo’s Tanaka Kikinzoku Jewelry K.K., Japan’s largest bullion retailer, said sales at the company’s seven stores jumped more than 400 percent in the first 27 days of March, relative to a year earlier, in an email over the weekend.http://www.ibtimes.com/japan-sales-tax-hike-boosts-popularity-gold-investors-rush-beat-implementation-tax-1565183Mon, 31 Mar 2014 12:16:32 -0400Chinese Gold Demand Could Rise In 2014, In Surprise Call, Though India’s Demand May Have Peaked Years Agohttp://www.ibtimes.com/chinese-gold-demand-could-rise-2014-surprise-call-though-indias-demand-may-have-peaked-years-ago
Demand for gold in China, which broke consumer records in 2013, could reach new heights in 2014, according to some analysts.http://www.ibtimes.com/chinese-gold-demand-could-rise-2014-surprise-call-though-indias-demand-may-have-peaked-years-agoFri, 28 Mar 2014 11:38:50 -0400Why Did Gold Crash In April 2013? Computerized Trading Is One Explanationhttp://www.ibtimes.com/why-did-gold-crash-april-2013-computerized-trading-one-explanation-1564394
Gold’s 13 percent crash in April 2013, representing a sudden and steep decline of $200 per ounce over two momentous days, set the floor for gold’s poor performance in 2013, which saw its worst showing since 1981.
The cause of the abrupt decline, dubbed a “flash crash” by some, has been much debated. Analysts have cited weak buying of gold over China’s Lunar New Year, unsettling talk of Cyprus central bank gold sales, and highly visible mass sales from exchange-traded funds (ETFs). Others blame a bearish Goldman Sachs Group Inc. (NYSE:GS) call on gold in April.http://www.ibtimes.com/why-did-gold-crash-april-2013-computerized-trading-one-explanation-1564394Fri, 28 Mar 2014 11:02:30 -0400Vietnamese Farmers May Hoard Coffee To Protect Against Inflation: Analysthttp://www.ibtimes.com/vietnamese-farmers-may-hoard-coffee-protect-against-inflation-analyst-1563982
Vietnamese farmers may be hoarding the robusta coffee beans they produce to protect against inflation, a BNP Paribas SA (EPA:BNP) agricultural analyst told IBTimes at a recent coffee conference.
“It used to be that they couldn’t hold coffee, because they had to sell to make payments, whether that be payments in diesel, to pump water under the ground, or just interest payments,” BNP Paribas analyst Keith Flury told IBTimes earlier this month.http://www.ibtimes.com/vietnamese-farmers-may-hoard-coffee-protect-against-inflation-analyst-1563982Thu, 27 Mar 2014 23:33:23 -0400China Rare Earth Export Restrictions Found Unfair By WTO, China Objects And Says Rules Needed To Protect Environmenthttp://www.ibtimes.com/china-rare-earth-export-restrictions-found-unfair-wto-china-objects-says-rules-needed-protect
When the World Trade Organization ruled this week that China must again start exporting rare earth elements key to manufacturing high tech and defense products, traders and the markets that need the materials rejoiced. But less happy were the Chinese who claim complying will hurt the environment.
China produces more than 90 percent of the world’s rare earth metals, a group of 17 elements used in a wide variety of applications, including smartphones, wind turbines and industrial catalysts, Reuters reported.http://www.ibtimes.com/china-rare-earth-export-restrictions-found-unfair-wto-china-objects-says-rules-needed-protectThu, 27 Mar 2014 13:53:19 -0400